Technology

Dyslexia Treatment Market Size to hit $11.74 billion by 2031, growing at a CAGR of 6.4%, says Coherent Market Insights

Published

6 months ago

July 22, 2024

BURLINGAME, Calif., July 22, 2024 /PRNewswire/ — The global Dyslexia Treatment Market is projected to grow from USD 7.59 billion in 2024 to USD 11.74 billion by 2031, with a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031, as per a recent report by Coherent Market Insights. Increasing understanding about learning difficulties like dyslexia, more parents are understanding the need for specialized treatment options. Various non-profit organizations and advocacy groups are promoting screening and early detection of dyslexia in schools. Their efforts are helping identify students who need support and accommodation.

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Market Dynamics:

The dyslexia treatment market is driven by growing awareness regarding early dyslexia diagnosis and treatment. Various initiatives undertaken by governments and non-profit organizations to educate people about dyslexia symptoms and available treatment options are also expected to aid market growth. Additionally, the introduction of novel screening and assessment tools for identifying dyslexia at an early stage is estimated to present lucrative opportunities. However, the high cost of specialized dyslexia treatment and diagnosis is expected to hinder the market growth.

Dyslexia Treatment Market Report Coverage

Report Coverage

Details

Market Revenue in 2024

$7.59 billion

Estimated Value by 2031

$11.74 billion

Growth Rate

Poised to grow at a CAGR of 6.4%

Historical Data

2019–2023

Forecast Period

2024–2031

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, By Drug Class, By Distribution Channel

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Growth Drivers

Increasing Research and Development Activities by Key Market Players Growing Awareness and Social Acceptance of Dyslexia

Restraints & Challenges

Lack of Trained Professionals Social Stigma

Market Trends:

Audio-visual stimulation therapy and brain training programs have gained immense popularity in recent years. Many clinics and schools are implementing specialized programs that involve the use of technology such as audio books, music therapy, and computer-assisted reading programs to aid dyslexic children. Neuromodulation techniques such as repetitive transcranial magnetic stimulation (rTMS) are also emerging as promising treatment avenues. rTMS involves using magnetic fields to stimulate targeted areas of the brain and help reorganize dysfunctional neural connections related to reading, writing and language processing in dyslexia patients.

Market Opportunities:

Phonological dyslexia is the most common type of dyslexia. It occurs due to impaired ability to relate sounds to letters. Around 75% of people with dyslexia have phonological dyslexia. The increasing awareness campaigns by non-profit organizations are highlighting this fact and driving more people towards seeking effective treatment options for phonological dyslexia. Various methods such as Orton-Gillingham and Lindamood Bell programs focus on phonological awareness, letter-sound association and decodable texts. The growth in personalized therapies and digital learning tools for phonics-based reading is expected to provide lucrative opportunities in this segment.

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With advancements in digital health technologies, home care delivery models for dyslexia treatment are gaining popularity. Products like speech recognition software, audio books, apps for testing & remediation are easy to access from home and provide flexible options for users. They are finding wide acceptance for supporting independent learning, continued practice and screening of dyslexia symptoms. This reduces the burden on hospitals and clinics. Specialized home care service providers are emerging who offer teletherapy, online tutoring and mentoring for dyslexic individuals. The comfort, affordability and growing remote care trend is driving the demand in the home care segment.

Key Market Takeaways

The global dyslexia treatment market size was valued at USD 7.59 billion in 2024 and is anticipated to witness a CAGR of 6.4% during the forecast period. Increasing public awareness about dyslexia diagnosis and availability of various rehabilitation options are fueling the market growth.

By type, phonological dyslexia segment holds the largest share owing to its high prevalence rate. Phonics-based therapies are very effective for this type of dyslexia.

On the basis of end users, specialty centers segment dominates the market due to availability of dedicated dyslexia specialists and multidisciplinary treatment approaches under one roof.

North America has emerged as the leading regional market on account of established healthcare infrastructure and favorable government policies for learning disabilities in the US and Canada.

Key players operating in this space include Pfizer, Inc., Speechify Inc., and Jubilant Pharma Limited among others. These companies are focusing on new product launches and geographical expansion to strengthen their market position.

Recent Developments:

In December 2022, The All-India Institute of Medical Sciences (AIIMS) announced the development of an app to help cure dyslexia in children. This app, being made under AIIMS Pediatric Neurology Dyslexia Remedial Intervention Program that has eight modules will allow dyslexia treatment to be done sitting at home.

In August 2021, An Australian ed-tech start-up named Dystech, has created a dyslexia screening tool for the early identification of learning disabilities and has raised $290K to advance the development of its Dyscover platform and make it accessible to schools and allied health professionals around the world.

To conclude, the dyslexia treatment market offers promising prospects backed by ongoing research on innovative drugs and technologies. Increasing collaborations between industry and non-profits augur well for the industry.

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Detailed Segmentation-

By Type:

Phonological DyslexiaSurface DyslexiaDouble Deficit DyslexiaOthers

By Drug Class:

AntihistaminesCentral Nervous StimulantSelective Norepinephrine Reuptake InhibitorsOthers

By Distribution Channel:

Hospital PharmaciesRetail PharmaciesOnline Pharmacies

By Region:

North America:

U.S.Canada

Latin America:

BrazilArgentinaMexicoRest of Latin America

Europe:

GermanyU.K.SpainFranceItalyRussiaRest of Europe

Asia Pacific:

ChinaIndiaJapanAustraliaSouth KoreaASEANRest of Asia Pacific

Middle East:

GCC CountriesIsraelRest of Middle East

Africa:

South AfricaNorth AfricaCentral Africa

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact Us:
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Senior Client Partner – Business Development
Coherent Market Insights
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SOURCE Coherent Market Insights

Technology

Docking Drawer to Revolutionize Appliance Garage Safety at KBIS 2025

Published

23 minutes ago

January 11, 2025

Docking Drawer, the leader in in-drawer outlet solutions, is set to showcase its newly configured Safety Interlock Outlets for appliance garages at the Kitchen & Bath Industry Show (KBIS) in Las Vegas this February 2025.

SAN RAMON, Calif., Jan. 11, 2025 /PRNewswire-PRWeb/ — Docking Drawer’s Unwavering Dedication to Safety

“At Docking Drawer, we’re not just creating products; we’re setting new standards for safety and functionality.”

When it comes to safety, no one in the industry matches the focus and innovation of Docking Drawer. Their Safety Interlock Outlets for appliance garages bring a unique, forward-thinking solution to an often-overlooked area in kitchen design. These safety outlets automatically de-energize an appliance garage power source when the cabinet door is closed, ensuring that appliances are safely powered off when contained inside the cabinet.

Docking Drawer is also the only company dedicated to creating in-cabinet electrical solutions that meet the strict code requirements of the Canadian marketplace. Their Safety Interlock Outlets are designed to make in-cabinet electricity compliant in Canada while offering consumers in all regions an additional layer of safety for in-cabinet power.

Advanced Limit Switch Technology

Docking Drawer’s Safety Interlock Outlets for appliance garages utilize an advanced Limit Switch system, designed to work seamlessly with power outlets concealed by a cabinet door. This intuitive feature detects when the cabinet door is closed, instantly cutting power to the connected outlet and all powered appliances.

Now Compatible with Any Appliance Garage Door

An updated Limit Switch feature now offers different switch options to accommodate all appliance garage door types, including traditional cabinet doors, pocket door setups, and more. The newly designed Limit Switch now offers two functions to choose from:

Power Off When Limit Switch is Depressed: This state is ideal for traditional cabinet doors, where closing the door depresses the switch to cut power safely.Power On When Limit Switch is Depressed: This state is perfect for pocket doors, where the door being pushed back upon opening activates the switch, turning the power on.

Customizable Connectivity

The flexibility of Docking Drawer’s solutions also allows for connecting multiple limit switches to a single safety outlet or vice versa, offering customization options to adapt to the unique demands of any project.

“At Docking Drawer, we’re not just creating products; we’re setting new standards for safety and functionality,” states Scott Dickey, founder of Docking Drawer. “Our Safety Interlock Outlets represent the culmination of our dedication to innovation and empowering homeowners and professionals with safer, more organized spaces—even beyond the kitchen and bathroom.”

Join Us at KBIS 2025

Don’t miss the opportunity to experience the future of kitchen safety. Visit Docking Drawer at KBIS 2025 in Las Vegas this February to see firsthand how their Safety Interlock Outlets are revolutionizing appliance garage safety.

About Docking Drawer:

Founded in 2014, Docking Drawer offers a full array of ETL Listed electrical solutions. From our core in-drawer outlets developed specifically for use inside the drawer to our family of safety interlock outlets which add peace of mind to in-cabinet electrical setups, our products are designed to create more organized, functional and safer spaces.

Media Contact

Paul Hostelley, Docking Drawer, 1 530-362-5055, paul@dockingdrawer.com, dockingdrawer.com

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SOURCE Docking Drawer

Technology

More than 85 Governments to Gather in Riyadh to Lead Global Action on Minerals at Fourth Future Minerals Forum

Published

1 hour ago

January 11, 2025

RIYADH, Saudi Arabia, Jan. 11, 2025 /PRNewswire/ — Over 85 governments from key mineral-producing and consumer nations, including 16 countries from the leading G20 economies, and 50 ministers and 13 vice ministers – have confirmed they will join the 2025 FMF Ministerial Roundtable on January 14, 2025.

The Ministerial Roundtable, a multi-stakeholder, government-led initiative, is the traditional opener of FMF, spurring international action to increase investment in mineral supply and build capacity in the Super Region of Africa, Western and Central Asia, and other supply regions. It is set to be the largest and most senior gathering of mineral resources officials in the world

Discussion will cover progress made over the past year on the three Ministerial Roundtable initiatives:

Development of an International Critical Minerals FrameworkEstablishment of Centers of Excellence to build capacity in sustainability (Morocco), talent development (South Africa), and technology innovation (Saudi Arabia).Advancements in Certification Systems to ensure responsible mineral sourcing.

His Excellency Khalid Al-Mudaifer, the Vice-Minister for Mining Affairs of Saudi Arabia’s Ministry of Industry and Mineral Resources, emphasizes that, “The meeting is an important step towards achieving sustainable development in the minerals sector globally. It is an ideal platform for delivering solutions, developing legislation on best practices in the field of sustainable mining, and exploring ways to invest in mining projects to achieve economic and social development in producing countries.”

Joining him are high-profile leaders, including ministers from supplier and financing like Brazil, South Africa, DRC, India, Egypt, Italy, Nigeria, Qatar, Pakistan, Kazakhstan, Uzbekistan, Malaysia, Thailand, Morocco, Indonesia, France, USA and the United Kingdom, discussing opportunities for global cooperation.

“This year, discussions will seek to enhance collaboration between governments, industry, and communities to drive more investment in minerals, and development through value addition in supplier countries. We want to support the pressing need for sustainable mining practices, resilient supply chains, and value-driven partnerships in the minerals industry.”

Importantly, the outcomes of the Ministerial Roundtable are not confined to the event itself but form an ongoing, year-round program. Regional Coordination Groups will continue to drive the implementation of key initiatives.

“FMF is emerging as the largest global hub for minerals collaboration and action – no other platform brings together government ministers and senior industry leaders at this scale.” Al-Mudaifer concluded.

SOURCE Future Minerals Forum

Technology

LANDI Global Unveils Flagship Cx20: Elevating business efficiency and customer experience with a next-generation Windows-powered terminal

Published

2 hours ago

January 11, 2025

SINGAPORE, Jan. 11, 2025 /PRNewswire/ — LANDI Global proudly announces the launch of the Cx20 terminal, our flagship next-generation smart Windows Desktop POS.

Engineered for businesses that seek advanced technology and refined design, the Cx20 delivers top-tier performance with seamless compatibility. This powerful Desktop POS empowers users to handle even the most challenging tasks with confidence, making it ideal for demanding environments.

Innovation driven by market needs

The Cx20 is designed to meet the growing global demand for Windows-based Desktop POS.

With a large Windows-installed base still in use and the end of support for Windows 10, many businesses are seeking an easy migration path to Windows 11-compatible POS solutions. The Cx20 integrates seamlessly with existing Windows-based applications and back-end systems, ensuring minimal disruption and maximum compatibility.

Build for Business Demand

The Cx20 is built to meet the demands of businesses with its powerful performance, robust connectivity, and user-friendly design.

Equipped with advanced industrial control chips, running on Windows 11 IoT LTSC, the Cx20 benefits from Microsoft’s long-term support of up to 10 years+, delivering consistent performance for high-demand workloads and efficient multitasking.

Connectivity is seamless, with Wi-Fi 6e and 1000M Ethernet support, ensuring constant, reliable connectivity essential for uninterrupted business operations.

Its 15.6″ IPS with 1920×1080 resolution, multi-touch display ensures crystal-clear visuals and an intuitive user experience.

Outstanding performance and customer benefit

The Cx20 is powered by a Hexa-core Intel® i3-1215U processor, reaching speeds up to 4.4GHz. With compatibility for Windows 11 IoT, it excels at handling high-demand workloads and multitasking, making it the ideal POS solution for businesses.

Memory options range from 8GB + 256GB as a base, ensuring versatility to meet various operational needs while maintaining a seamless experience for complex tasks. The Cx20 is equipped with an integrated 80mm thermal printer featuring auto-cutter technology, ensuring efficient printing, and LANDI’s patented auto-recovery technology automatically resolves paper jams for uninterrupted service.

Distinct competitive advantages

The Cx20 stands out with its perfect blend of cutting-edge design and high-performance functionality.

Equipped with the latest Intel® processors and generous memory options, it delivers smooth operation and efficient multitasking, making it ideal for demanding retail and hospitality environments.

Cx20 features an ultra-slim triangular base for added stability and a sleek profile. With a body thickness of 4mm and a screen thickness of 8mm, it combines state-of-the-art technology.

Visit LANDI Global for more information!

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SOURCE LANDI Global